Economics of indoor 5G and rising hardware costs

India's telecom operators have spent decades controlling how signals reach customers indoors but that arrangement is now under serious pressure.

A new breed of infrastructure companies, ones that do not own a spectrum and hold no licence, are taking control of how 5G reaches you inside airports, metro lines, malls, and office towers. The fight over who builds and who pays has drawn in regulators, sovereign wealth funds, and the Supreme Court.

And it points to a much larger shift in who really owns the network.

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